Stories for August 2017

Sunday, August 27th 2017 - 09:28 UTC
Guilford will export 90 iconic red double-decker buses for Mexico

UK-based vehicle manufacturing outfit Alexander Dennis will be exporting 90 iconic red double-decker buses to Mexico, the company confirmed on Wednesday. The contract was backed by an equivalent £44m finance deal via UK Export Finance – part of the Department for International Trade - which has provided £1.7bn of backing to businesses since the department's creation in 2016 to “help businesses export post-Brexit”.
Saturday, August 26th 2017 - 16:50 UTC
Yellen defends 2008 financial regulations, but cuts her reappointment chances with Trump

Federal Reserve Chair Janet Yellen on Friday emphatically defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system's health and disputing criticism that the rules have hurt lending.
Saturday, August 26th 2017 - 10:53 UTC
Colombia, Chile and Uruguay with the lowest money laundering risks in Latam

An annual report by one of the world’s leading institutions working against financial crimes ranks countries around the world in terms of their money laundering risk levels, providing a sense of where Latin American nations stand when it comes to this important aspect of combating organized crime.
Saturday, August 26th 2017 - 10:44 UTC
Ex Irish president says Brexit is like “pulling a tooth with 10.000 roots”

Former Irish President Mary McAleese has said she would be heartbroken if Brexit meant she would have to show an identity card when crossing the border. She fears checks between NI and the Republic of Ireland are an inevitable consequence of the UK leaving the EU.
Saturday, August 26th 2017 - 08:17 UTC
Maduro reacts to Trump's sanctions: “we will sell our oil to other markets”

Venezuela's President Nicolás Maduro has said that a preliminary analysis shows that new financial sanctions imposed by the United States will lead to a halt in oil exports to the US. President Trump's order bans trade in Venezuelan debt and blocks its state oil firm from selling bonds in the US.
Saturday, August 26th 2017 - 08:04 UTC
30.000 EU nationals apply to become British citizens since Brexit vote

Nearly 30,000 EU nationals applied to become British citizens in the 12 months after last summer's Brexit vote - almost double the number of the previous year. Home Office statistics show 28,502 such applications between July 2016 and June 2017, up 80% from 15,871 in 2015-16. The total number of applications, from all nationalities, fell by 8%.
Friday, August 25th 2017 - 14:34 UTC
Falklands secondary education students achieve excellent results

The Falkland Islands have reported another education success. A 62% of Falkland Islands Community School GCSE students have gained five or more GCSE (General Certificate of Secondary Education) at Grade C or above.
Friday, August 25th 2017 - 14:24 UTC
“Continued free flow of personal data”, another challenge for Brexit

The UK will seek “new arrangements” with the EU in order to allow for the continued free flow of personal data, according to a government paper. Many UK businesses and law enforcement agencies rely on EU data.
Friday, August 25th 2017 - 14:17 UTC
Strong message to trademark infringements in China: New Balance wins case against local shoemakers

New Balance has won a record payout in a Chinese trademark case after three local shoemakers were found to have infringed the brand's “N” logo. A Chinese court awarded the US sportswear firm more than 10 million Yuan (US$1.5m).
Friday, August 25th 2017 - 13:13 UTC
Qantas...nonstop flights between Sydney and London in 2022

Australian airline Qantas said it wants to introduce nonstop flights between Sydney and London in 2022 and will choose between Boeing’s new 777-8X and Airbus’ A350-900 to fly this ultra-long-haul route.